Japan’s Sony and reminiscence chipmaker Kioxia Holdings have utilized for US approval to proceed supplying Huawei, Nikkei reported on Sunday. If confirmed, the transfer follows different tech corporations similar to Intel Corp that lately obtained licences from US authorities.
With US-China ties at their worst in many years, Washington has been pushing governments round to world to squeeze out Huawei, arguing that the telecoms big would switch information to the Chinese language authorities for espionage.
Huawei is likely one of the high clients for Sony’s picture sensors for smartphones. Kioxia Holdings is the world’s No. 2 maker of flash reminiscence chips and a Huawei provider.
Nikkei said with out US licenses, Sony and Kioxia would face threat to their earnings.
Kioxia warned that US curbs on Huawei might set off reminiscence chip oversupply and decrease costs. It lately shelved a plan for a multi-billion greenback itemizing as US-China tensions cloud the worldwide chip market.
A Sony spokeswoman stated the corporate was in compliance with all rules, however couldn’t touch upon specific purchasers.
A Kioxia spokesman additionally declined to remark.
© Thomson Reuters 2020
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